Cato Institute spotlights the dangerously increasing publicly held portion of the national debt in new research. Without even counting the debt held in intergovernmental accounts, the Institute reports: "High and rising debt harms the economy, and it will impose a large burden on future taxpayers. It could lead to a financial crisis, like we have seen in Greece and other nations." Click on the logo for more! #compactforamericacorepriniciples #fiscalpolicyresearch

From the article: "private-sector activity points to a peak in the current business cycle during the winter, whereafter we will head for a relatively mild recession." Click on the Debt Doctor for more! #fiscalpolicyresearch